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GRAIN AW PRODUCE.

JAVA MAIZE ARRIVES. SLIGHTLY INKKCTED WITH WLKVi L. There is no alteration in the price of potatoes, though the spot market is a t .He tinner, due to accumulations of Southern supplies having been worked down. I nfortunat'dv (lie qualify of some of the recent arrivals has not been satisfactory, necessitating picking over in local sheds. Onions. r l 1.._ market still continues entirely in buyers favour. I'rmn a producers' point of view it is the worst season experienced for many years. 'J here is an over abundance of stock.s. and 110 export outlet. In the South, as low as C 2 per ton on trucks is all that growers are offered. Maize and V/ceviis. 'I he Java shipment of maize duly arrived and is now being distributed. The quality is first-class, but unfortunately weevil's have tound their way into some parts of the_ cargo. However, the pest is not suiliciently numerous to do anv damage, and at this time of the year, when lower tempeiatures are the rule, it is not likely to increase to a degree that will be troublesome to consumers; Ilad the shipment arrived a month earlier the position would have been very ditl'erent, and disinfecting treatment might have then been necessary. As it is local merchants have had no uneasiness in distributing the maize direct to purchasers. Owing to the scarcity of local supplies this shipment has been more than welcome. Oats Advance Sharply. The firmness of Canterbury farmers in holding out fer higher prices for oats has been justiiied by results, and the Southern market has advanced 4d per bushel during the past. week. This is due to reported sales to London and Australia. The future trend of values depends upon the extent of this export business. Meantime it tan l:e stated that values for the winter aie likely to rule much higher than was anticipated. As a matter of fact re-sales have been made back to j the original vendors by buyers of forward sli ipments. j In sympathy with oats the chaff market

tends to tiruiuess. and quotations for forward delivery have been cancelled. Still there should be no shortag during the coming winter, and no need for Australian imports. Wheat. Since last report the wheat, market firmed, but is at the moment weaker again. This is because it is now considered unlikely that the Government will intervene to help the Southern growers and millers to fix prices. Local merchants, under tho circumstances, are simply purchasing from hand-to-mouth. Wholesale Current Prices. Sharps anl Bran. —Local sharps, £0 10,' per ton; bran, £7 10/ per ton; oat pollard, £8 10/ per ton. Grain.—XeW Zealand oats, feed, B Gartons, 4,3; A s, 4 !> per bushel. Wheat: NewZealand. 7 IJ. ilaize: Best quality, ex store, BT> per bushel. Barley: Feed, 5/0 per bushel; Cape seed. 7/0 per bushel. .Maize meal, 10, 0 per 1001b. Barley meal: 13/ per loulb. Chaff.—Blenheim, g.b.0.5., £9 per ton, ex store; Canterbury, £'.>. Potatoes.—Southern, £7 per ton. Onions.—CO per ton. I'cas. —Blue Prussian, Xo. 1, 12'o per bushel; Partridge, No. 1, 10/ per bushel;! lower grade, (id less. I

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19270517.2.19.3

Bibliographic details

Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4

Word Count
521

GRAIN AW PRODUCE. Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4

GRAIN AW PRODUCE. Auckland Star, Volume LVIII, Issue 114, 17 May 1927, Page 4